Page 28 - Conoco Phillips News Today

Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Fore...

In the market, but we have the inventory report coming up in a half hour. Julie it looks like another volatile day, but it is in a tight range. We are not seeing run away moves. Slightly higher for the averages. Investors are pausing to take stock here. We are getting into the earnings season. That is something they are assessing. It seems there is a little bit of reassurance on the china fund. There is still a lot of unknown. Investors are taking a pause. If you look at the s p year to date, wi...

Move, like everything gets put on sale because oil goes down for the day, yes, today was one of those days where individual companies matter but the dow up, nasdaq up, sure didnt turn out that way, though. In the Early Morning hours we saw china literally gave up the ghost, plummeting 6 , and finishing at 2,749. That is well below the 3,000 line in the sand, as the Chinese Government tries to maintain. Maybe the communists decide the whole effort is futile and they dont want to spend anymore mon...

Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless...

This week we learned people quit on stocks easily. Stocks hammered earlier in the week ended up much higher by todays close. I wouldnt be surprised if amazon bounces back next week. Lets keep the bounce it is back situations in mind when we get another flood of earnings next lets keep the bounce it is back situations in mind when we get another flood of earnings next week and a flood of incredible guests, by the way, when we take this show on the road. We are going to San Francisco to do a count...

Interest rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out o...

Any rebound means the Oil Companies get to raise more capital buying more time to stay in business. When it comes to higher oil. This week we learned people quit on stocks easily. Stocks hammered earlier in the week ended up much higher by todays close. I wouldnt be surprised if amazon bounces back next week. Lets keep the bounce it is back situations in mind when we get another flood of earnings next lets keep the bounce it is back situations in mind when we get another flood of earnings next w...

Companies matter but the dow up, nasdaq up, sure didnt turn out that way, though. In the Early Morning hours we saw china literally gave up the ghost, plummeting 6 , and finishing at 2,749. That is well below the 3,000 line in the sand, as the Chinese Government tries to maintain. Maybe the communists decide the whole effort is futile and they dont want to spend anymore money propping up stocks, or maybe the sellers at last overwhelm the buyers. Including the prc. But either way, starting ugly. ...

Maybe the communists decide the whole effort is futile and they dont want to spend anymore money propping up stocks, or maybe the sellers at last overwhelm the buyers. Including the prc. But either way, starting ugly. Meanwhile, oil after being 2 yesterday, falling back down to 30, was flirting with 29, insanity. Plus, with the Federal Reserve meeting on the horizon tomorrow, felt like it was another horrible session on its way. Yeah, 4 00 a. M. , etched in stone wed be down at least threequarte...

Meanwhile, oil after being 2 yesterday, falling back down to 30, was flirting with 29, insanity. Plus, with the Federal Reserve meeting on the horizon tomorrow, felt like it was another horrible session on its way. Yeah, 4 00 a. M. , etched in stone wed be down at least threequarters of a percent and the futures traders seemed to have their hearts set on appealing all the gains from late last week. I wanted to go back, but thats not how you play in the playoffs. Next thing you know, oil climbs b...